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During that period that the one thing I wanted more than anything else, was a big fat epic list of all of the possible passive income streams there were.
Unfortunately no one has even until this day made a complete list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my mind, my notes and the world wide interwebs!
PS if you want to cut to the chase you can get access to 3 of my preferred passive income thoughts here or you can check out 30 of my favorite real-life passive income businesses here.
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Ie first you need to haul ass and do something crazy, eg compose a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your own iPhone every morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.
As you can see passive income streams simply come from resources, and assets are either bought with money (eg rental property) or even in the case of almost all of the ideas below, bought through sweat (eg ebook)!
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The much adored version for bloggers and content creators everywhere and to get a fantastic reasonits pretty simple to compose a 60-80 page ebook, not difficult to sell say $500 worth a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of this pie after paying affiliates. Hells yeah! Continue reading .
Who doesnt enjoy some down and dirty affiliate commissions! Especially if you realize it can be even easier to make money this way than using an ebook. After all, you simply need to concentrate on pumping some content to your own site and getting the visitors in, often via Google or societal websites. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a blog. Continue reading .
How Passive Income In Brazil can Save You Time, Stress, and Money.
If you told me several years ago that this might end up being my #1 source of passive income, I would have slapped you silly and called the men in white coats to take you away! And thats because back then selling products check this site out online was insanely complex and time consuming. Pretty much as non-passive as a business gets. .
But now thanks to Amazon, this is not only simple, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is arguably the simplest way to produce passive income. The problem is most investments sound good in concept but dont work out so nicely in practice. And if you dont have much experience or access to funding, let alone the opportunity to work it all out, it can seem more or less impossible. However, there's one clever way to invest that just might work. Continue reading >.
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Were talking a members-only multimedia-driven website . And before I even dive into this idea on you, I have to say straight up this is a looooot of work. Ive done it and it nearly killed me. Continue reading >
I really like this idea and Ive seen some fantastic operators online pull it off superbly. But I must confess Ive never personally earned passive income from a setup like this before.
Ill be putting something together soon though as a working case study. However, in the meantime, I really want to discuss this thought with you since it is quite fascinating. Continue reading >
Passive Income In Brazil - Passive Income Ideas for Dummies
Im not talking about writing a blog on cats and inserting some Google Adsense upward in there. Continue reading >
Think simple Google-friendly content site with a top converting inquiry type for capturing details (possibly even a free report attached to this or something else to boost conversion). Continue reading >
Build and SEO optimize a web site for people looking to convert 8mm home movies to DVD / USB. Continue reading >
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Haha, nah apps arent that expensive to get made anymore. And should you want to create a mainly info-based program there are plenty of easy to use apps online for DIYing this for a couple hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they include up to gain, apart from the exceptional few business operators who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >